Funding you earn now, next payment 23:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.447%
Price spread now: Bybit against Kraken Futures+0.010%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MELANIAUSD | 0.1079 | 0.0072 | pay 0.0009% / 1h | 47m 55s | $25K | $3K | 10x |
| Short | Bybit MELANIAUSDT | 0.1079 | 0.0128 | get 0.0064% / 4h | 1h 47m | $1.5M | $654K | 20x |
Kraken Futures PF_MELANIAUSD
Bybit MELANIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $11.72
- Price spread: +0.010% → 0.000%
- $0.95
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$8.33
- Costs to cover
- 0.210%
- Break-even
- 12.0 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 3 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 3.71 bp | 32.8 bp −$33 | 193.0 bp −$1,930 | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MELANIA on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MELANIAUSDlong | +0.0072% | 1h | 0.1079 | long leg | $25K | $3K | 10x | |
| Hyperliquid MELANIA | +0.0100% | 1h | 0.1079 | −0.018% | $1.7M | $197K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1080 | +0.024% | $3.0M | $3.0M | 75x | as long as short |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1080 | +0.028% | $420K | $64K | 50x | as long as short |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1079 | 0.000% | $1.2M | $134K | 100x | as long as short |
| KuCoin MELANIAUSDTM | +0.0100% | 4h | 0.1078 | −0.120% | $392K | $833K | 30x | as long as short |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1079 | 0.000% | $963K | $208K | 50x | as long as short |
| Variational Omni MELANIA | +0.0100% | 4h | 0.1079 | −0.068% | $112K | $1K | — | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1080 | +0.065% | $247K | — | 3x | as long as short |
| Bybit MELANIAUSDTshort | +0.0128% | 4h | 0.1079 | +0.010% | $1.5M | $654K | 20x |
Hyperliquid MELANIA
Binance MELANIAUSDT
Gate MELANIA_USDT
MEXC MELANIA_USDT
KuCoin MELANIAUSDTM
Bitget MELANIAUSDT
Variational Omni MELANIA
Aevo MELANIA-PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MELANIA-USDT | +0.0146% | 4h | 0.1081 | +0.186% | — | $1.5M | — | as long as short |
| BloFin MELANIA-USDT | +0.0159% | 4h | 0.1078 | −0.083% | $195K | $6K | 75x | as long as short |
| Aster MELANIAUSDT | +0.0578% | 4h | 0.1079 | +0.007% | $20K | $16K | 5x | as long as short |
BingX MELANIA-USDT
BloFin MELANIA-USDT
Aster MELANIAUSDT